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Though his exit is said to be storyline dictated, The Young and the Restless has already found a replacement for Diego Serrano (Diego Guittierez).

As previously reported by soapcentral.com, soap opera vet Serrano will leave Y&R when his contract expires this spring. The show, however, recently put out a casting call in the hopes of finding a new performer to take over the role later this year.

The 28-year-old Ecuadorian-born Serrano has already landed some post-Y&R work., He's slated to start filming the movie Olivier this summer. The movie will also star Juliette Binoche.

soapcentral.com has learned that Greg Vaughan has landed the role of Diego from Serrano. A Y&R spokesperson declined to comment on the recast. A first airdate for Vaughan is not yet available.